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Saturday, 27 March 10
CHINA TO REMAIN NET COAL IMPORTER IN NEAR FUTURE - STEEL GURU
Xinhua News cited Mr Wu Chenghou a councilor with the China Coal Transportation and Marketing Association as saying that China will remain a net coal importer in the near future, but imports are expected to shrink from the previous year.
Mr Wu predicted that China's annual energy demand would reach about 5 billion tonnes of standard coal and raw coal demand would hit 4.53 billion tonnes by 2020. As domestic coal resources are not sufficient to meet the demand, China needs to import coal from the foreign market.
Mr Fan Liya from Shanxi Coking Coal Group said that China coal supply will be short in the Q1 driving up coal prices in the same period. The second and third quarters will see balanced supply and demand, as China's major coal producer Shanxi province is completing the coal resource integration and new capacities will be put into production in the second half of the year. Coal prices will likely fall slightly during the two quarters. Generally, prices during the year will remain stable with slight rise. Specifically, steam coal prices will stay high but fluctuate largely, while coking coal prices will fluctuate slightly at a high level.
Mr Fan expected China coal output to exceed 3.3 billion tonnes in 2010, up over 10%YoY. The annual coal imports are estimated to surpass 80 million tonnes, lower than that in 2009, while exports will likely reach 30 million tonnes.
Mr Wang Junwei manager of Sinomet International Corporation Mines Department echoed that China's coking coal imports would remain high in 2010, but lower than last year.
Source: iStockAnalyst / Steel Guru
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Thursday, 11 March 10
THE INDIAN MARKET WAS A BIT QUIET BUT STILL FIRM - FEARNLEYS AS
Handy - Atlantic activity has kept its firm tendency throughout the week for handies, with Atlantic RV´s fixed in the USD.16000 region. With s ...
Thursday, 11 March 10
COAL PRICES SET TO RISE AMID CONFUSION OVER QUARTERLY SYSTEM
Trading room reported that, Coal prices are tipped to rise in coming months amid constrained supply and ongoing Chinese demand, and analysts are con ...
Wednesday, 10 March 10
PROTECTED FORESTS NOW UP FOR GRABS FOR MINING
The Jakarta Post reported that, the government has just issued two new regulations on forests, which could allow protected forests to be used for co ...
Tuesday, 09 March 10
REGULATION NO.23 OF 2010 CONCERNING IMPLEMENTATION OF NEW MINING LAW, PROVIDES MORE CLARITY ON OBTAINING A IUP
COALspot.com: Indonesian government has recently issued another regulation related to Law number 4 of 2009 concerning mineral and coal mining. Two r ...
Tuesday, 09 March 10
MINING LAW OPTIMIZES SECTOR
Law No. 4 / 2009 on Mineral and Coal Mining have given a new direction for the future of mining in Indonesia, including Domestic Market Obligation, ...
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- Globalindo Alam Lestari - Indonesia
- Siam City Cement - Thailand
- Sojitz Corporation - Japan
- Bhatia International Limited - India
- Eastern Coal Council - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rio Tinto Coal - Australia
- MS Steel International - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pipit Mutiara Jaya. PT, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- Orica Australia Pty. Ltd.
- Bulk Trading Sa - Switzerland
- White Energy Company Limited
- Leighton Contractors Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Ambuja Cements Ltd - India
- Renaissance Capital - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Uttam Galva Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Oldendorff Carriers - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Manunggal Multi Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- Medco Energi Mining Internasional
- Deloitte Consulting - India
- PTC India Limited - India
- Commonwealth Bank - Australia
- Therma Luzon, Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Bayan Resources Tbk. - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Lanco Infratech Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Cement Manufacturers Association - India
- Directorate General of MIneral and Coal - Indonesia
- Dalmia Cement Bharat India
- Kobexindo Tractors - Indoneisa
- GMR Energy Limited - India
- Tamil Nadu electricity Board
- Coalindo Energy - Indonesia
- Bharathi Cement Corporation - India
- The University of Queensland
- Bukit Asam (Persero) Tbk - Indonesia
- Mercator Lines Limited - India
- Latin American Coal - Colombia
- Essar Steel Hazira Ltd - India
- Interocean Group of Companies - India
- Directorate Of Revenue Intelligence - India
- SN Aboitiz Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Indogreen Group - Indonesia
- Formosa Plastics Group - Taiwan
- Mintek Dendrill Indonesia
- Aditya Birla Group - India
- Parliament of New Zealand
- OPG Power Generation Pvt Ltd - India
- Sakthi Sugars Limited - India
- Bhoruka Overseas - Indonesia
- Indian Oil Corporation Limited
- Agrawal Coal Company - India
- Billiton Holdings Pty Ltd - Australia
- New Zealand Coal & Carbon
- Posco Energy - South Korea
- Georgia Ports Authority, United States
- PowerSource Philippines DevCo
- IEA Clean Coal Centre - UK
- Meralco Power Generation, Philippines
- Planning Commission, India
- Minerals Council of Australia
- Vizag Seaport Private Limited - India
- Iligan Light & Power Inc, Philippines
- Xindia Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Central Java Power - Indonesia
- VISA Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Trasteel International SA, Italy
- Vijayanagar Sugar Pvt Ltd - India
- Australian Commodity Traders Exchange
- Attock Cement Pakistan Limited
- Singapore Mercantile Exchange
- Kapuas Tunggal Persada - Indonesia
- Pendopo Energi Batubara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Salva Resources Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Krishnapatnam Port Company Ltd. - India
- Timah Investasi Mineral - Indoneisa
- Madhucon Powers Ltd - India
- Grasim Industreis Ltd - India
- Kumho Petrochemical, South Korea
- Gujarat Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- India Bulls Power Limited - India
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- Straits Asia Resources Limited - Singapore
- Orica Mining Services - Indonesia
- Petron Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Siam City Cement PLC, Thailand
- Ministry of Transport, Egypt
- Karbindo Abesyapradhi - Indoneisa
- Bhushan Steel Limited - India
- Meenaskhi Energy Private Limited - India
- Heidelberg Cement - Germany
- CIMB Investment Bank - Malaysia
- Wood Mackenzie - Singapore
- Videocon Industries ltd - India
- Merrill Lynch Commodities Europe
- Karaikal Port Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Global Green Power PLC Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Antam Resourcindo - Indonesia
- Bukit Baiduri Energy - Indonesia
- Standard Chartered Bank - UAE
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining Corp, Philippines
- Malabar Cements Ltd - India
- Coal and Oil Company - UAE
- Eastern Energy - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Central Electricity Authority - India
- Economic Council, Georgia
- Mjunction Services Limited - India
- Metalloyd Limited - United Kingdom
- Carbofer General Trading SA - India
- PNOC Exploration Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Sree Jayajothi Cements Limited - India
- Goldman Sachs - Singapore
- Riau Bara Harum - Indonesia
- Thai Mozambique Logistica
- Wilmar Investment Holdings
- Price Waterhouse Coopers - Russia
- The State Trading Corporation of India Ltd
- Ministry of Mines - Canada
- Independent Power Producers Association of India
- Maharashtra Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Thiess Contractors Indonesia
- Baramulti Group, Indonesia
- Ind-Barath Power Infra Limited - India
- Altura Mining Limited, Indonesia
- Kideco Jaya Agung - Indonesia
- Energy Development Corp, Philippines
- Coastal Gujarat Power Limited - India
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- Kepco SPC Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Alfred C Toepfer International GmbH - Germany
- Tata Chemicals Ltd - India
- Barasentosa Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Global Business Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Gujarat Sidhee Cement - India
- GVK Power & Infra Limited - India
- Vedanta Resources Plc - India
- Marubeni Corporation - India
- Borneo Indobara - Indonesia
- Indika Energy - Indonesia
- London Commodity Brokers - England
- Chamber of Mines of South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Sical Logistics Limited - India
- Australian Coal Association
- McConnell Dowell - Australia
- Energy Link Ltd, New Zealand
- Banpu Public Company Limited - Thailand
- SMG Consultants - Indonesia
- Star Paper Mills Limited - India
- Africa Commodities Group - South Africa
- Bangladesh Power Developement Board
- Jindal Steel & Power Ltd - India
- GAC Shipping (India) Pvt Ltd
- CNBM International Corporation - China
- SMC Global Power, Philippines
- Sarangani Energy Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Mercuria Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Power Finance Corporation Ltd., India
- TeaM Sual Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Edison Trading Spa - Italy
- ASAPP Information Group - India
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cigading International Bulk Terminal - Indonesia
- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
- Toyota Tsusho Corporation, Japan
- The Treasury - Australian Government
- Ministry of Finance - Indonesia
- Kartika Selabumi Mining - Indonesia
- Larsen & Toubro Limited - India
- ICICI Bank Limited - India
- Electricity Authority, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- European Bulk Services B.V. - Netherlands
- International Coal Ventures Pvt Ltd - India
- Makarim & Taira - Indonesia
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